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The "LIC's Bima Sakhi Yojana" [27] scheme is a significant program introduced by the Life Insurance Corporation of India (LIC) under the guidance of the Government of India [28]. The scheme was officially inaugurated by Prime Minister Narendra Modi [29] [30] [31] on December 9, 2024, in Panipat, Haryana. The program aims to empower women by ...
In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [1] (worth ₹15 lakh & ₹41 lakh in 2017 prices). Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956.
The Agnipath Scheme will be the sole method for recruiting soldiers below the rank of commissioned officers into the three branches of the armed forces. Under this scheme, all recruits, referred to as "Agniveers," will serve for a fixed term of four years. "Agniveer" will also be introduced as a new military rank. PM Poshan Shakti Nirman Abhiyaan
[1] [2] In order to avail of the benefits offered by the Pradhan Mantri Jeevan Jyoti Bima Yojana policy, it is mandatory to link your Aadhaar Card to the participatory bank account. [citation needed] This scheme will be linked also to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana scheme. Most of these account had zero ...
The company got incorporated as a public limited company in Mumbai on 11 October 2000 and received Certificate of Commencement of Business from the RoC on 20 November 2000 and got registered with the IRDAI for carrying out business of life insurance on 29 March 2001. [6]
In the UK, for example, the corporate cover of employees, when added to the individual purchase of coverage gives approximately 11–12% of the population on cover [7] due largely to usage of the state financed National Health Service (NHS), whereas in developed nations with a more limited state system, like USA, about 92% [8] of the total ...
Following is the list of insurance companies in India which have been approved by the Insurance Regulatory and Development Authority of India (IRDAI) which is a statutory body regulating and promoting the insurance and reinsurance industries in India.There are three types of Insurance Companies in India which are as given below:
Old Pension Scheme: Formation: January 1, 2004; 20 years ago () Type: Pension cum investment scheme launched by Government of India: Legal status: Regulated by Pension Fund Regulatory and Development Authority: Purpose: Provide defined-contribution based pension for retirees and extend old age security coverage to all citizens: Headquarters ...